Accelya Solutions: Multiple bullish patten

24 thg 1

In the Daily timeframe, this less known mid-cap Technology stock ACCELYA is showing confluence of multiple bullish chart pattens.

• A beautiful rounding bottom formation happened over last 4 months.
  
• Followed by a breakout with very high volume on 15th Jan.
  
• Followed by consolidation and re-test of 1750 level.
  
• During this consolidation between 15th Jan and now it's creating a bullish pole&flag patten.
  

An excellent price to enter is around 1700 (or even 1730 is ok). It can reach upto 2xxxx on next few months (1 year horizon).